Vistara receives its first A321neo aircraft with flat-bed business class

Airbus

Vistara, a joint venture between TATA group and Singapore Airlines Limited (SIA), took delivery of its first Airbus A321neo aircraft in New Delhi today. The aircraft, arriving from Airbus’ final assembly lines in Hamburg, Germany, features India’s most advanced aircraft cabin in the sky with fully flat beds in business class.

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Qatar Airways Cargo ships 1 million kilos for charities free of charge

Qatar Airways Cargo

Qatar Airways Cargo is taking action like no other airline before and playing an active role in building tomorrow’s world. The world’s largest cargo airline is committed to helping people in need through its ‘1 Million Kilos’ campaign : From July to the end of December, charities will be able to use the services of Qatar Airways Cargo to transport humanitarian aid and medical supplies all over the world, free of charge.

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Industry losses to top $84 billion in 2020

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues rise to $598 billion.

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After april passenger demand trough, first signals of uptick

Airbus

The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. This is a rate of decline never seen in the history of IATA’s traffic series, which dates back to 1990.

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Emirates is first airline to conduct rapid Covid-19 tests for passengers

Emirates has become the first airline to introduce rapid on-site coronavirus testing for passengers. The initiative, which has been rolled out in coordination with Dubai Health Authority (DHA), was introduced on a flight to Tunisia. All passengers were all tested for Covid-19 before departing from Dubai.

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European Airlines Revenue Losses Mount – Urgent Government Support Required

The International Air Transport Association (IATA) strengthened its call for urgent action from European governments to provide financial relief to airlines. The latest IATA scenario for potential revenue loss by European carriers is US$76 bn and passenger demand (measured in Revenue Passenger Kilometers) is projected to be 46% below 2019 levels. A decline of this magnitude puts at risk about 5.6 million jobs and $378bn in GDP supported by air transport.

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